~ Musings from Boston, Mexico City, and Beyond!

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Mexico Resources

This page contains links to resources about Mexico or living abroad that I personally find interesting and useful. I hope you agree. As this page is something of a work in progress, more entries will be added over time. All links open in a new page.

News/Information Resources in English

El Daily Post – News about Mexico, mostly written by Mexicans and translated into English. Occasional newswire stories as well. This site doesn’t have a ton of new stories every day, but I have found it interesting.

Currency/Forex

Everbank — A New York-based bank that is highly rated, and also offers foreign currency accounts with FDIC insurance. You can buy pesos (or some other currency) from them, hold them in an account and/or wire the pesos to a Mexican (or other) bank. This probably gives you a much better (cheaper) option than wiring USD to a Mexican bank or buying pesos from your US bank and then getting raped on the exchange rate. Everbank can also receive a foreign-currency wire from another organization if you can get a better rate, perhaps via the below. I have an account with EverBank, and hold pesos there. The process to wire pesos to a Mexican bank is very straightforward and as of late fall 2016, costs about $30 USD per transfer.

MyCurrencyTransfer.com – This is a London-based company/website that lets you shop around for foreign currency brokers. You enter the “from currency” (most likely USD) and the “To currency” (MXN or whatever) and they will provide you three indicative quotes of where you can get the best rates. According to the company’s website, “Beyond our strict vetting criteria, we won’t list a money transfer company we wouldn’t use ourselves. All are FCA regulated & operate segregated client accounts.” FCA is the UK Financial Conduct Authority. (Beyond a bit of poking around its site, note that I have done little due diligence on mycurrencytransfer.com. See this article in The Telegraph for details.)